ISHARES EV & E DRIV TECH (ECAR.MI) Stock Technical Analysis
BIT:ECAR - Euronext Milan - IE00BGL86Z12 - ETF - Currency: EUR
Overall ECAR gets a technical rating of 7 out of 10. ECAR has been a medium performer in the overall market. Some doubts are observed in the medium time frame, but recent action was very positive.
Warning: ECAR has an average volume of 9468 traded shares per day. This is quite low and it might be dangerous to invest in illiquid stocks.
The long and short term trends are both positive. This is looking good!
ECAR is currently trading in the upper part of its 52 week range. The S&P500 Index however is currently trading near a new high, so ECAR is lagging the market slightly.
In the last month ECAR has a been trading in the 6.56 - 7.19 range, which is quite wide. It is currently trading near the high of this range.
When comparing the performance of all stocks over the past year, ECAR turns out to be only a medium performer in the overall market: it outperformed 55% of all stocks.
Although ECAR has an excellent technical rating, the quality of the presented setup is not ideal at the moment. Price movement has been a little bit too volatile to find a nice entry and exit point. It is probably a good idea to wait for a consolidation first.
More info and screens
5.58
7.76
4 important support areas can be observed.
- A support zone ranging from 6.71 to 6.92. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A support zone ranging from 6.57 to 6.58. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- Support @5.77 from a horizontal line in the weekly time frame.
- Support @5.64 from a horizontal line in the weekly time frame.
2 important resistance areas can be observed.
- A resistance zone ranging from 7.05 to 7.20. This zone is formed by a combination of multiple trend lines in multiple time frames.
- A resistance zone ranging from 7.67 to 7.68. This zone is formed by a combination of multiple trend lines in multiple time frames.
The Technical Rating and Setup analysis above combine different indicators and trends in different timeframes. Individual signals from indicators may give more contradictive signals and should always be interpreted in the more global context.
| Indicator | Value | Signal | Comment |
|---|---|---|---|
| ChartMill Long Term Trend Indicator | UP | POSITIVE | The long term trend for ECAR.MI is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for ECAR.MI is up. |
| ChartMill Relative Strength | 55.63 | NEUTRAL | ECAR.MI is not amongst the best or worst performers on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of ECAR.MI is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of ECAR.MI is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | MIXED | The current price of ECAR.MI is above a declining SMA(200). |
| Relative Strength Index/RSI (14) | 57.7 | NEUTRAL | The RSI value for ECAR.MI is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.02 | POSITIVE | The MACD value suggests ECAR.MI has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 86.99 | OVERBOUGHT | The high Stochastics value suggests ECAR.MI may be overbought. |
| Average True Range in percent/ATR (20) | 1.69 | LOW VOLATILITY | The low ATR as a percentage value for ECAR.MI suggests low volalility. |
| Average Directional Index/ADX (14) | 15.98 | NEGATIVE | The low ADX value for ECAR.MI suggests a weak or negative trend. |
Daily CandleStick Patterns
Bullish Engulfing (D)
Bullish Hammer (D)
Bearish Inverted Hammer (D)
Hanging Man (D)
Bullish Harami (D)
Doji (D)
Gravestone Doji (D)
DragonFly Doji (D)
Bearish Engulfing (D)
Bearish Shooting Star (D)
Bearish Harami (D)
Inside Bar (D)
Red Dog Reversal Down (D)
Red Dog Reversal Up (D)
Dark Cloud Cover (D)
Weekly CandleStick Patterns
Bullish Engulfing (W)
Bullish Hammer (W)
Bearish Inverted Hammer (W)
Hanging Man (W)
Bullish Harami (W)
Doji (W)
Gravestone Doji (W)
DragonFly Doji (W)
Bearish Engulfing (W)
Bearish Shooting Star (W)
Bearish Harami (W)
Inside Bar (W)
Dark Cloud Cover (W)
Daily Chart Patterns
Bull Flag
Bear Flag
Ascending Triangle (D)
Descending Triangle (D)
Symmetrical Triangle (D)
Squeeze
Channel (D)
Channel Up (D)
Channel Down (D)
Rising Wedge (D)
Falling Wedge (D)
Double Bottom (D)
Multiple Bottom (D)
Double Top (D)
Multiple Top (D)
Weekly Chart Patterns
Weekly Bull Flag
Weekly Bear Flag
Squeeze Week
Channel (W)
Double Bottom (W)
Multiple Bottom (W)
Double Top (W)
Multiple Top (W)
BIT:ECAR (7/16/2025, 7:00:00 PM)
7.04
-0.13 (-1.83%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorN/A
GICS IndustryN/A
Performance
% Chg-1.83%
1 Week3%
2 Weeks3.88%
1 Month3.97%
3 Month25.69%
6 Month-2.2%
12 Month-5.41%
2 Year-6%
3 Year11.16%
5 Year68.12%
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.11
ATR(20)%1.69%
ATR Inc11%
Range Today0.11
ADR(20)0.07
ADR(20)%0.93%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS55.63
Mansfield-0.52
10 Day High7.19
10 Day Low6.71
20 Day High7.19
20 Day Low6.56
52 Week High7.69
52 Week Low5.24
CS1 End6.92
CR1 Start7.05
Volume & EV
DER(3)0%
DER(5)0%
Volume14.28K
Volume Incr-37.91%
Vol(5)6.49K
Vol(50)9.47K